Bassam Saber, Senior Supervisor External Auditor

Bassam Saber

Senior Supervisor External Auditor

KPMG

Location
Saudi Arabia - Khobar
Education
Bachelor's degree, Commerce
Experience
13 years, 7 Months

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Work Experience

Total years of experience :13 years, 7 Months

Senior Supervisor External Auditor at KPMG
  • Saudi Arabia - Khobar
  • My current job since November 2022

Responsibilities:
• Conduct external audits to ensure the integrity and transparency of financial operations for leading companies in the Oil & Gas, Manufacturing, F&B, Hotels, and Construction sectors.
• Plan audits, conduct meetings with clients to understand expectations, obtain a thorough understanding of the nature of their business and regulatory environment, and evaluate the effectiveness of internal controls.
• Lead meetings with audit manager, partner and heads of various departments to assess audit risk at the planning stage, determine audit approach procedures for all financial statements, and supervise staff members.
• Examine financial and accounting records of the client, review certain processes or procedures being performed, evaluate the effectiveness of internal control systems, and offer solutions relevant to business and risk.
• Analyze operational and financial data of the client’s business to ensure efficiency, accuracy, and compliance with relevant laws and standards, as well as to find instances of accounting deficiencies and/or fraud.
• Perform detailed review of financial statements keeping in mind the reliability and relevance; ensure that the financial statements comply with IFRS and local requirements.
• Synthesize audit findings into clear, concise reports, highlighting key observations, discrepancies & recommendations for improvement, and present findings to relevant stakeholders with clarity and professionalism.
• Provide ongoing coaching and mentorship to junior staff members, fostering their professional development and enhancing their auditing skills.

Senior Supervisor External Auditor at EY
  • Saudi Arabia - Khobar
  • August 2019 to November 2022

Responsibilities:
• Led and oversaw external audit engagements for clients across various industries such as Oil & Gas, Manufacturing, F&B, Hospitals, Retail and Construction.
• Attended senior-level client meetings to obtain a general understanding of the client’s systems, business and operating environment, assessed risks, designed audit procedures, and evaluated internal controls.
• Analyzed client’s financial data, performed detailed testing procedures, and documented findings in accordance with EY's audit methodology.
• Performed detailed review of financial statements keeping in mind the reliability and relevance; ensured that the financial statements comply with IFRS and local requirements.
• Reviewed and evaluated audit procedures, work papers, and audit reports prepared by audit team members, ensuring compliance with auditing standards, regulatory requirements, and EY's methodologies.
• Developed and maintained strong relationships with clients, serving as a trusted advisor on accounting and auditing matters; addressed client inquiries and concerns promptly and professionally.
• Consistently ensured adherence to EY's audit methodology and quality standards, conducted thorough reviews of audit documentation, identified areas for improvement, and implemented corrective actions as needed.
• Supervised and mentored audit staff, delegated tasks effectively, managed workload distribution, and ensured timely completion of audit engagements. Provided guidance and support to staff to foster their professional growth

Freelancer - Accounting Function at A fancy Japanese Restaurant
  • Saudi Arabia
  • January 2019 to January 2020
Internal Audit Manager at Matjar Alwatany LLC
  • Saudi Arabia - Khobar
  • June 2016 to July 2019

Responsibilities:
• Led the internal audit function to ensure the effectiveness of internal controls, risk management and compliance with policies and regulations
• Developed and implemented audit plans, conducted audits, communicated findings, and provided recommendations to enhance the company’s operations and financial integrity.
• Identified and assessed areas of potential risk within the company’s operations, financial systems, and processes.
• Reviewed and evaluated the adequacy and effectiveness of internal controls, identified areas of improvement and made recommendations for corrective actions.
• Conducted risk assessments to identify potential risks and vulnerabilities within the company, and developed strategies to mitigate risks and enhance internal controls.
• Monitored compliance with company policies, procedures, and regulatory requirements; stayed abreast of changes in regulations and industry best practices to ensure that the company remained in compliance.

Assistant Internal Audit Manager at Matjar Alwatany LLC
  • Saudi Arabia - Khobar
  • October 2015 to June 2016

Responsibilities:
• Developed recommendations and reports based on audits and presented those ideas to senior management.
• Monitored the implementation of audit recommendations to ensure corrective actions are taken in a timely manner.
• Identified opportunities for process improvements and efficiency gains based on audit findings and best practices.
• Supervised and mentored internal audit staff, providing guidance and support to develop their skills and capabilities.
• Fostered a culture of continuous improvement and professional development within the internal audit team.
• Assigned as an Accounts Manager from Oct 2017 - Jul2019; in-charge of preparing and issuing financial statements for 2017 & 2018 while handling costing and budgeting for 27+ branches.
• Assigned to perform due diligence for huge hotels and manufacturing companies acquisition.
• Established an accounting cycle and posting system for a group of hotels affiliated to the company.

Senior External Auditor at Al-Ruwais CPAs
  • Saudi Arabia - Khobar
  • November 2012 to July 2015
External Auditor at Hazem Hassan CPAs
  • Egypt - Cairo
  • July 2010 to September 2012

Education

Bachelor's degree, Commerce
  • at Cairo University
  • January 2010

Specialties & Skills

Risk Management
External Audit
Internal Audit
Audit Management
Accounting and Auditing
Budgeting & Cost Control
Team/People Management
Technical Skills: MS Office (Excel, Word and PowerPoint)
Audit Planning & Execution
Internal Control Assessment
Risk Assessment & Controls
SOX law and COSO framework
Process Improvement
Client Servicing
Client Relationship Management
Compliance Management
Regulatory Compliance
Financial Analysis
Due Diligence
ERP (SAP &Microsoft Dynamics)

Languages

English
Expert
Arabic
Expert

Training and Certifications

CIA Exam Preparation (2/3) (Certificate)
CPA Passed (2/4) (Certificate)
VAT Study Course (Certificate)
IFRS Study Course (Certificate)